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DreamSpring logo — Funding business dreams, vitalizing communities.

DreamSpring

Funding business dreams, vitalizing communities.

Founded 1994 United States Albuquerque, United States 63 employees Grant Financial Services

General Information

Company Name DreamSpring
Founded Year 1994
Location United States Albuquerque, United States +6
Employees 63
Industries Financial Services
Funding Stage Grant
Social

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About DreamSpring

DreamSpring is a nonprofit Community Development Financial Institution (CDFI) and U.S. Small Business Administration (SBA) lender dedicated to eliminating systemic wealth inequities and accelerating the economic inclusion and strength of underserved communities. Founded in 1994, the organization provides rapid access to capital and customized wrap-around support to the most vulnerable small business owners in 27 states, focusing on communities including people of color, women, low- to moderate-income earners, people with disabilities, and start-ups. To date, DreamSpring has issued more than 48,796 loans totaling over $538 million to small businesses that support an estimated 65,138 jobs. DreamSpring's service area includes Alabama, Arizona, California, Colorado, Florida, Georgia, Illinois, Iowa, Kansas, Louisiana, Michigan, Missouri, Mississippi, Nebraska, Nevada, New Mexico, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Washington, and Wyoming. DreamSpring's slogan is "Funding business dreams, vitalizing communities." The organization operates in the Financial Services industry and is based in the United States. The last investment was a grant investment on 16 July 2024, and the specific investors for this investment are not mentioned. For more information, visit DreamSpring.org.

Taxonomy: Community Development Financial Institution, Small Business Administration lender, Wealth Inequity, Economic Inclusion, Underserved Communities, Rapid Access to Capital, Customized Support, Small Business Owners, Job Creation, Microfinance, Small Business Loans, Business Development, Entrepreneurship Support

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Grant •••••• - 16 Jul 2024
Grant •••••• - 06 Dec 2023
Grant •••••• - 10 Apr 2023
Grant •••••• - 02 Mar 2023
Grant •••••• - 17 Sep 2019

DreamSpring Alternatives & Competitors

DreamSpring vs
Carolina Small Business Development Fund
Carolina Small Business Development Fund United States

Fostering economic development through capital, technical assistance, and policy research for small...

59 employees
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DreamSpring vs
Bridge Investment Community Development Corporation
Bridge Investment Community Development Corporation United States

Mission-driven CDFI loan fund empowering underserved communities through impactful lending. Serving...

Grant
2 employees
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DreamSpring vs
U.S. Chamber of Commerce
U.S. Chamber of Commerce United States

We are the world’s largest business organization. We advocate, connect, inform, and fight for busine...

822 employees
Enterprise, Industrial
Compare DreamSpring vs U.S. Chamber of Commerce
Also compare with: DreamSpring vs United Federal Credit Union United Federal Credit Union

FAQ About DreamSpring

Funding business dreams, vitalizing communities.
DreamSpring was founded in 1994.
DreamSpring is headquartered in Albuquerque, United States.
DreamSpring operates in the following industries: Financial Services.
DreamSpring has approximately 63 employees.
DreamSpring has completed 5 funding rounds. The latest funding stage is Grant.
Top alternatives and competitors to DreamSpring include Carolina Small Business Development Fund, Bridge Investment Community Development Corporation, U.S. Chamber of Commerce, United Federal Credit Union, Business Outreach Center Network. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
DreamSpring and Carolina Small Business Development Fund are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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